Every 424B that Alerian MLP Index ETNs due January 28 2044 (AMJB) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow AMJB and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AMJB filings page.
JPMorgan Chase & Co. is offering $1,500,000 of callable fixed-rate notes due January 28, 2033. The notes pay simple interest at 4.65% per annum, calculated on a 30/360 basis, with interest paid annually on January 30 from 2027 through 2032 and at maturity.
Starting January 30, 2028 and on each January 30 and July 30 through July 30, 2032, JPMorgan may redeem the notes in whole at par plus accrued interest. Net proceeds are $1,494,250 after selling commissions of $3.833 per $1,000 note. The notes are unsecured obligations, structurally junior to subsidiary creditors, and are not bank deposits or FDIC insured.
JPMorgan Chase & Co. is offering $4,220,000 of callable fixed rate notes due July 28, 2034. The notes pay 4.60% per annum, with interest paid annually each January 30 starting in 2027 and at maturity, based on a 30/360 day-count.
Beginning January 30, 2028, and on the 30th day of January, April, July and October through April 30, 2034, JPMorgan may redeem the notes at par plus accrued interest, in whole but not in part. Each $1,000 note is sold at $1,000, with selling commissions of $16.026 and issuer proceeds of $983.974 per note, or $4,152,370 in total.
The notes are unsecured obligations of JPMorgan Chase & Co., are not bank deposits, are not insured by the FDIC or any government agency, and in a resolution scenario would rank behind creditors of JPMorgan’s subsidiaries and its priority and secured creditors.
JPMorgan Chase & Co. is offering $7,300,000 of callable fixed-rate notes due July 30, 2038 that pay 5.25% per annum, with interest paid annually on January 30 and at maturity, using a 30/360 day-count convention.
Beginning January 30, 2028, and on each January 30 and July 30 through January 30, 2038, JPMorgan may redeem all of the notes at par plus accrued interest. The public offering price is $1,000 per note, including $4.962 in selling commissions, resulting in approximately $7.26 million of proceeds to the issuer.
The notes are unsecured obligations of JPMorgan Chase & Co., are not bank deposits, and are not insured by the FDIC or any other governmental agency. In a bankruptcy or Dodd-Frank “single point of entry” resolution, holders could face losses after equity and subsidiary creditors are addressed.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering unsecured Structured Investments Buffered Digital Notes linked to the EURO STOXX 50® Index, maturing on February 4, 2030, in minimum denominations of $1,000.
If the index’s final level is at or above its initial level, investors receive principal plus a fixed contingent digital return of at least 43.05%. If the index is down by up to the 20.00% buffer, principal is returned. Below that buffer, repayment is reduced 1% for each additional 1% decline, with up to an 80.00% loss of principal possible.
The notes pay no interest, provide no dividends from index constituents, are not FDIC insured, and are subject to the credit risk of both issuers. A sample estimated value is about $983.60 per $1,000 note, and the final estimated value will not be less than $950.00, reflecting embedded selling, structuring and hedging costs, as well as limited liquidity and potential conflicts of interest.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering unsecured Uncapped Accelerated Barrier Notes linked to the S&P 500® Futures Excess Return Index, maturing on February 11, 2031, in minimum denominations of $1,000.
At maturity, investors receive an uncapped leveraged gain of at least 2.0355x any positive index return. If the index finishes at or above 70% of its initial level, principal is returned. If it finishes below this barrier, repayment is reduced one-for-one with the index loss, so investors can lose more than 30% and up to all principal.
The notes pay no interest and carry the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. Selling commissions may reach $7.50 per $1,000, and the estimated value would have been about $965.90 per $1,000 note on the trade date, and will not be less than $900.00 per $1,000 at pricing.
JPMorgan Chase Financial Company LLC plans to issue Uncapped Buffered Return Enhanced Notes linked to the S&P 500® Futures Excess Return Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes mature on February 9, 2029 and are issued in $1,000 minimum denominations.
At maturity, investors receive leveraged upside of at least 1.41× any positive index return, with a 20% downside buffer. If the index falls more than 20%, principal is reduced 1% for each additional 1% decline, up to an 80% loss. The notes pay no interest, are unsecured, not FDIC‑insured, and will not be listed on an exchange.
If priced today, the estimated value would be about $988.30 per $1,000 note and will not be less than $900.00 at pricing. The underlying index tracks excess return on E‑mini® S&P 500® futures and is subject to futures‑related risks, including volatility, negative roll yield and potential trading disruptions. The filing highlights significant credit risk of JPMorgan Financial and JPMorgan Chase & Co., potential conflicts of interest, complex U.S. tax treatment and Section 871(m) considerations for non‑U.S. holders.
JPMorgan Chase Financial Company LLC, guaranteed by JPMorgan Chase & Co., is offering Auto Callable Dual Directional Contingent Buffered Return Enhanced Notes linked to the S&P 500 Index. Each note has a $1,000 denomination.
The notes may be automatically called on February 10, 2027 if the Index is at or above the strike, paying $1,000 plus at least a 9.15% call premium. If not called, positive Index performance to January 28, 2028 earns an uncapped leveraged gain with at least a 1.50x Upside Leverage Factor.
If the Ending Index Level is up to 20.00% below the strike, investors still gain the Absolute Index Return, capped at $1,200 per $1,000 note for negative Index Returns. If the Index falls by more than 20.00%, principal is reduced 1% for each additional 1% decline, potentially resulting in a total loss. The preliminary estimated value is about $980.60 per $1,000 note and will not be less than $970.00 when finalized. The notes are unsecured, unsubordinated obligations, not bank deposits and not FDIC insured.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering unsecured Return Notes linked to an unequally weighted basket of three indices: the S&P 500® Futures Excess Return Index, the STOXX® Europe 600 Index and the MSCI Emerging Markets Index.
At maturity, each $1,000 note pays $1,000 plus or minus the basket return, with no downside protection. The best-performing index over the term is assigned at least a 99.00% weighting, the second-best at most 1.00%, and the worst 0.00%. Investors forgo interest and dividends and may lose their entire principal.
The notes are expected to price on or about January 29, 2026 and mature on February 3, 2031, with minimum denominations of $1,000. If priced on the example date, the estimated value would be about $982.30 per $1,000 note and will not be less than $950.00, reflecting embedded selling commissions, hedging costs and issuer funding assumptions. The notes are not listed, may be hard to sell, and are subject to the credit risk of both the issuer and guarantor.
JPMorgan Chase Financial Company LLC is offering capped buffered return enhanced notes linked to the MSCI Emerging Markets Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes target 2.00x any index gain at maturity, capped at a maximum return of at least 27.85%.
Investors receive their principal back if the index is flat or down by up to 10%. If the index falls by more than 10%, principal is reduced 1% for each additional 1% decline, with losses up to 90%. The notes pay no interest or dividends, are unsecured obligations, and expose holders to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. They are expected to settle on or about February 4, 2026 and mature on February 3, 2028.
JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked separately to the Nasdaq-100, Russell 2000 and S&P 500 indexes, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes mature on February 15, 2029 and have minimum denominations of $1,000.
The notes pay a monthly contingent coupon of at least 9.80% per annum (at least $8.1667 per $1,000) only when the closing level of each index on a review date is at or above 70% of its initial value, which also serves as the trigger for principal protection at maturity. They may be automatically called, starting February 11, 2027, if each index closes at or above its initial value, returning $1,000 plus that period’s coupon. If, at maturity, any index finishes below its 70% trigger and the notes have not been called, investors lose 1% of principal for every 1% decline in the worst-performing index and can lose their entire investment. The preliminary estimated value is about $971.20 per $1,000 note and will not be less than $930.00 when finalized. The notes are unsecured obligations subject to the credit risk of both the issuer and guarantor, pay no dividends on the underlying indexes and are not expected to be listed, which may limit liquidity.
JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to the MerQube US Tech+ Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a quarterly contingent coupon of at least 11.25% per annum if, on a Review Date, the Index is at or above 60% of its Initial Value.
The notes can be automatically called starting August 10, 2026 if the Index is at or above its Initial Value on a Review Date (other than the first and final), returning $1,000 plus the applicable coupon. If the notes are not called and the final Index level is below 60% of the Initial Value, principal is reduced one-for-one with the Index loss, so investors can lose more than 40% and up to all principal.
The Index embeds a 6.0% per annum daily deduction and a notional financing cost on the QQQ Fund, which drags performance versus a similar index without these charges. Preliminary estimated value is about $905.30 per $1,000 note and will not be less than $900. The notes are unsecured, unsubordinated obligations with minimum denominations of $1,000.
JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to Uber Technologies, Inc. stock, maturing on February 3, 2028 and fully guaranteed by JPMorgan Chase & Co. The notes pay a contingent coupon only when Uber’s share price on a Review Date is at least 60.00% of the Initial Value, with unpaid coupons accruing and paid later if the condition is met.
The notes are automatically called, and principal repaid early, if on any Review Date other than the first and final the Uber share price is at or above the Initial Value, starting July 30, 2026. If the notes are not called and the Final Value is below the 60.00% Trigger Value, principal is reduced 1% for each 1% decline from the Initial Value, which can result in losing most or all of the investment.
The minimum denomination is $1,000. Selling commissions can be up to $17.50 and a structuring fee up to $1.00 per $1,000 note. If priced on the example date, the estimated value would be about $970.00 per $1,000 note and will not be less than $950.00 at pricing. The notes are unsecured, not FDIC insured, and subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co.
JPMorgan Chase Financial Company LLC is offering auto callable dual directional buffered return enhanced notes linked to the worst performer of the S&P 500, Russell 2000 and Nasdaq-100 indexes, fully guaranteed by JPMorgan Chase & Co.
The $1,000-denomination notes may be automatically called on February 10, 2027 if each index is at or above its initial level, paying back principal plus a call premium of at least $112 per note. If not called and all indexes finish above their initial levels at maturity in February 2029, holders receive 1.5 times the gain of the least performing index.
If the worst index is flat or down by up to 25%, investors get a positive, uncapped return equal to the absolute decline. If the worst index falls by more than 25%, principal is reduced 1% for each percentage point beyond that buffer, with losses up to 75%. The notes pay no interest or dividends, are unsecured, and carry issuer and guarantor credit risk. The estimated value is about $980 per $1,000 note on the trade date and will not be less than $950.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering medium-term “Digital Equity Notes” linked to the Russell 2000 Index and maturing in November 2027. The notes do not pay interest and are unsecured obligations subject to the issuers’ credit risk.
At maturity, each $1,000 note pays a fixed "threshold settlement amount" if the index is at least 85% of its initial level, expected between $1,130.10 and $1,153.00. If the index falls more than 15%, losses are magnified by a buffer rate of about 1.1765, and investors can lose their entire principal.
The estimated value at issuance is expected between $966.30 and $976.30 per $1,000, reflecting embedded selling costs and hedging profits. The notes are not listed, may have limited liquidity, involve complex U.S. tax treatment, and are exposed to small‑cap equity volatility and potential conflicts of interest with JPMorgan affiliates.
JPMorgan Chase & Co. is offering callable fixed-to-floating rate notes linked to Compounded SOFR, maturing on February 13, 2046. The notes pay a fixed 12.00% per annum during the initial interest periods through February 13, 2028.
After that, the interest rate for each period equals (7.00% − the Benchmark Rate) × 1.35, with a minimum rate of 0.00% per annum. Interest is paid quarterly on the 13th of February, May, August and November.
The issuer may call the notes at par plus accrued interest on any quarterly Redemption Date from February 13, 2028 to November 13, 2045. The benchmark starts as Compounded SOFR, with detailed fallback provisions if a Benchmark Transition Event occurs. The notes are unsecured obligations of JPMorgan Chase & Co. and carry structural subordination and complex tax treatment as contingent payment debt instruments.
JPMorgan Chase & Co. is offering callable fixed rate notes due February 13, 2046. The notes pay 5.35% per annum, with interest paid annually on February 13, starting in 2027, using a 30/360 day count convention.
Beginning February 13, 2029, and on each February 13 and August 13 through 2045, JPMorgan may redeem the notes in whole at par plus accrued interest. The minimum denomination is $1,000, and the price to the public per $1,000 principal amount will range between $950.10 and $1,000, with selling commissions of up to $50 per $1,000. The notes are unsecured obligations of JPMorgan, subject to bank resolution frameworks that could impose losses on noteholders, and are not FDIC insured.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Trigger Autocallable Contingent Yield Notes linked to Coinbase Global, Inc. Class A common stock. The notes have a roughly one-year term, $10 denomination and $1,000 minimum purchase.
The notes pay a contingent quarterly coupon only if Coinbase’s share price is at or above a coupon barrier set at 50% of the initial value. The minimum contingent coupon rate is 19.00% per annum, implying at least $0.475 per $10 each quarter when conditions are met. The notes are automatically called, returning principal plus that quarter’s coupon, if Coinbase’s share price on any observation date is at or above the initial value.
If the notes are not called and Coinbase’s final share price is at or above the downside threshold of $104.72, equal to 50% of the initial value of $209.43, investors receive full principal plus the final coupon. If the final price is below the downside threshold, repayment of principal is reduced in line with Coinbase’s decline, and investors can lose most or all of their investment. The estimated value is about $9.722 per $10 note and will not be less than $9.40 at pricing.
JPMorgan Chase & Co. is offering callable fixed rate notes due February 13, 2041. The notes pay interest annually at a fixed 5.25% per annum, calculated on a 30/360 day count basis, with payments each February 13 starting in 2027, if the notes are still outstanding.
The issuer may redeem the notes at par plus accrued interest on February 13, May 13, August 13 and November 13 of each year, from May 13, 2028 through November 13, 2040. The public offering price per $1,000 principal amount note will be between $962.60 and $1,000, and selling commissions may be up to $47.50 per $1,000. The notes are unsecured obligations of JPMorgan Chase & Co., subordinate to claims of its subsidiaries’ creditors and are subject to resolution strategies under the Dodd-Frank Act.
JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked individually to the Dow Jones Industrial Average®, the Nasdaq-100® Technology Sector and the Russell 2000® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes mature on January 7, 2028 and are issued in minimum denominations of $1,000.
Investors may receive monthly Contingent Interest Payments only when the closing level of each Index on a Review Date is at or above 70% of its Initial Value. The notes will be automatically called, starting May 4, 2026, if on any specified Review Date (other than the first, second and final) the closing level of each Index is at or above its Initial Value.
If the notes are not called and the Final Value of the Least Performing Index is below its Trigger Value, principal is reduced 1% for every 1% decline from its Initial Value, with the possibility of losing all invested principal. The estimated value, if priced today, would be approximately $959.20 per $1,000 note, reflecting selling commissions, hedging costs and issuer funding assumptions. The notes are unsecured obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. and will not pay dividends or offer direct index ownership.
JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to the MerQube US Large-Cap Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes target investors seeking high contingent income but willing to risk substantial principal loss.
Investors may receive monthly contingent interest of at least 11.00% per annum (0.91667% per month) only when the Index closes at or above 60% of its Initial Value; missed coupons can be paid later if conditions are met. The notes auto-call quarterly if the Index is at or above the Initial Value starting February 8, 2027, returning principal plus due interest.
If not called and the Final Index Value is below 50% of the Initial Value, repayment is reduced 1-for-1 with the decline, down to zero. The Index embeds a 6.0% per annum daily deduction, creating a persistent drag versus similar strategies without a fee and potentially causing declines even when the futures strategy is flat or modestly positive.
The preliminary estimated value is approximately $928.60 per $1,000 note and will not be less than $900.00, reflecting internal funding and hedging costs. The notes are unsecured, unsubordinated obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., will not be exchange-listed, and may be illiquid.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable dual directional contingent buffered return enhanced notes linked to the Russell 2000® Index. The notes are priced at $1,000 each, in minimum denominations of $10,000.
The notes may be automatically called on February 10, 2027 if the index is at or above its strike, paying $1,000 plus at least a 12.10% call premium. If not called, at February 2, 2028 maturity investors get 1.50x or more of any positive index return, or a positive one-for-one "dual directional" return for losses up to 20%.
If the index falls more than 20% from the strike by the valuation date, principal is reduced 1% for each additional 1% decline, up to total loss. The notes pay no interest or dividends and are unsecured, subject to JPMorgan Financial and JPMorgan Chase & Co. credit risk. The preliminary estimated value is approximately $980 per $1,000 note, and the final estimated value will not be less than $970.
JPMorgan Chase Financial Company LLC is offering Capped Buffered Return Enhanced Notes linked to the Russell 2000 Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes provide 1.50x any index gain at maturity, capped at a maximum return of at least 25.70%.
Investors receive no interest or dividends and face downside risk beyond a 10% buffer; if the index falls more than 10%, principal losses increase 1% for each additional 1% decline, up to a 90% loss. The notes are unsecured, not FDIC insured, and subject to the credit risk of both issuer and guarantor.
If priced on the example date, the estimated value would be about $995.50 per $1,000 note and will not be less than $970.00, reflecting structuring and hedging costs. The notes are expected to price around February 4, 2026 and mature on August 9, 2027.
JPMorgan Chase Financial Company LLC, guaranteed by JPMorgan Chase & Co., is issuing $1,590,000 of Capped Notes linked to Grade A Copper spot prices. Each note has a $1,000 face amount, priced at $1,000 with $987.50 in proceeds to the issuer after $12.50 in selling commissions.
The notes run from a January 28, 2026 pricing date to an August 9, 2027 maturity, tracking the LME copper cash offer price (Bloomberg: LOCADY). Investors get 100% upside participation, but total payoff is capped at $1,213 per $1,000. If copper falls, the payoff is $1,000 plus the copper return, but never below $950, so up to 5% of principal is at risk.
The estimated value is 979.20 per $1,000 note, reflecting embedded structuring, hedging costs and dealer compensation. The notes are unsecured, not FDIC insured, exposed to both copper price moves and the credit of JPMorgan entities, and may trade at prices materially different from the original issue price.
JPMorgan Chase & Co. is issuing $40,631,000 of callable fixed rate notes due January 30, 2046. The notes pay interest at a fixed rate of 5.375% per annum, with interest payable monthly in arrears using a 30/360 day count convention.
JPMorgan may redeem the notes in whole, but not in part, on January 30 and July 30 of each year from January 30, 2028 through July 30, 2045 at par plus accrued interest. The price to the public is $1,000 per note, including $11.760 in selling commissions, resulting in $40,153,178 of proceeds to the issuer before other expenses.
The notes are unsecured obligations of JPMorgan Chase & Co., are not bank deposits, and are not insured by the FDIC or any government agency. The disclosure highlights resolution-planning and bankruptcy risks, including that noteholders are unsecured creditors structurally subordinated to creditors of JPMorgan’s subsidiaries.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable contingent interest notes linked to the Class A common stock of Palantir Technologies Inc. The notes pay contingent interest at a rate of at least 19.00% per annum (about 1.58333% per month) whenever Palantir’s share price on a review date is at or above 60% of the initial share value.
The notes can be automatically called as early as August 5, 2026 if Palantir’s share price is at or above the initial value on specified review dates, returning $1,000 per note plus the applicable interest. If held to February 8, 2029 and not called, principal is protected only if the final share price is at or above 50% of the initial value; below that trigger, repayment is reduced one-for-one with Palantir’s decline, and investors can lose most or all of their principal. The notes are unsecured obligations in $1,000 minimum denominations and are subject to the credit risk of both JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co.
JPMorgan Chase & Co. is offering senior unsecured callable fixed rate notes due February 13, 2041. The notes pay interest annually at a fixed rate of 5.45% per annum, calculated on a 30/360 day count basis, with payments each February 13 starting in 2027.
Beginning May 13, 2028, and on the 13th of February, May, August and November through November 13, 2040, the issuer may redeem the notes in whole at par plus accrued interest. The notes are not bank deposits, are not FDIC insured and rank junior to creditors of JPMorgan Chase & Co.’s subsidiaries in a resolution scenario.
For eligible institutional and fee-based advisory accounts, the public offering price per $1,000 principal amount will be between $962.60 and $1,000, and selling commissions would be approximately $2.50 per $1,000 (capped at $32.50). Special tax counsel expects the notes to be treated as fixed-rate debt instruments for U.S. federal income tax purposes.
JPMorgan Chase Financial Company LLC is offering $41,000 of Step-Up Auto Callable Notes linked to the S&P® Global 100 PR 5% Daily Risk Control 0.5% Deduction Index (USD) due February 1, 2033. The notes are unsecured, unsubordinated obligations of JPMorgan Chase Financial, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes pay no interest or dividends. Investors may receive early redemption at a premium if, on any of six annual Review Dates starting January 28, 2027, the Index is at or above a rising Call Value (101%–106% of the Initial Value). Call premiums step up from 8% to 48% of principal.
If never called, investors receive full principal at maturity plus uncapped upside equal to the Index return times a 100% participation rate, but not less than principal. The price to public is $1,000 per note, including $42.75 in fees, with issuer proceeds of $957.25 per $1,000. The estimated value at pricing was $902.20 per $1,000, reflecting selling costs and hedging. Key risks include issuer and guarantor credit risk, index drag from a 0.50% annual deduction and financing cost, potential illiquidity, and structural features that may cap upside or cause underperformance.
JPMorgan Chase & Co. is offering callable fixed rate notes maturing on February 11, 2033. The notes pay 4.65% per year, with interest paid annually on February 13 from 2027 through 2032 and at maturity, based on a 30/360 day count convention.
Starting February 13, 2028, and on each February 13 and August 13 through 2032, JPMorgan may redeem the notes at par plus accrued interest, in whole but not in part, with at least five business days’ notice. The notes are unsecured obligations of JPMorgan and are not bank deposits or FDIC insured.
The documentation highlights that in a resolution of JPMorgan under U.S. bankruptcy or Dodd-Frank Title II regimes, noteholders are unsecured creditors and structurally subordinate to creditors of subsidiaries, so losses would fall on equity holders first and then unsecured debt, including these notes. The notes are intended for buy-and-hold investors, and tax counsel views them as fixed-rate debt instruments for U.S. federal income tax purposes.
JPMorgan Chase & Co. is offering callable fixed rate notes due February 13, 2046. The notes pay interest annually at a fixed rate of 5.55% per year, calculated on a 30/360 day-count basis, with payments each February 13 starting in 2027.
JPMorgan may redeem the notes early, in whole but not in part, on February 13 and August 13 of each year from 2028 through 2045 at par plus accrued interest. Investors receive principal plus accrued interest at maturity if the notes have not been called.
The notes are unsecured obligations of JPMorgan Chase & Co. and are structurally junior to obligations of its subsidiaries. In a stress or resolution scenario, losses would be borne first by equity holders and then by unsecured creditors, including holders of these notes.
JPMorgan Chase & Co. is offering callable fixed-rate notes due February 13, 2036. The notes pay 5.00% per annum, with interest paid in arrears each year on February 13 for each $1,000 principal amount, using a 30/360 day count convention.
Starting February 13, 2028, and on each February 13 and August 13 through August 13, 2035, JPMorgan may redeem the notes in whole at par plus accrued interest. The notes are unsecured obligations, not FDIC insured, and in a resolution scenario losses would be borne by equity holders first and then unsecured creditors, including these notes.
JPMorgan Chase Financial Company LLC plans to issue auto callable contingent interest notes linked to the Class A common stock of AppLovin Corporation, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes offer a contingent interest rate of at least 20.3625% over the term, paying at least 6.7875% per quarter when the stock closes at or above 50% of the strike value of $542.36, i.e., an interest barrier and trigger value of $271.18. The notes may be automatically called as early as April 28, 2026 if the stock closes at or above the strike value on a review date. If not called and the final stock value is below the trigger, investors lose 1% of principal for each 1% stock decline from the strike, potentially losing most or all of their investment. The estimated value is currently about $984.50 per $1,000 note, and will not be less than $950.00 per $1,000 note when finalized.
JPMorgan Chase & Co. is offering callable fixed-rate notes due February 13, 2031 that pay 4.35% per year. Investors receive annual interest on February 13, starting in 2027, and repayment of principal plus accrued interest at maturity if the notes have not been redeemed earlier.
The notes can be called by JPMorgan at par plus accrued interest on February 13 and August 13 of each year from 2028 through 2030. The price to the public per $1,000 principal amount will range between $987.60 and $1,000, with selling commissions capped at $12.50 per $1,000. The notes are unsecured and structurally subordinated to liabilities of JPMorgan’s subsidiaries, and losses in a resolution scenario would be borne after equity but alongside other unsecured creditors.
JPMorgan Chase & Co. is offering unsecured callable fixed rate notes due February 11, 2033. The notes pay interest at a fixed 4.50% per annum, with interest paid annually in arrears on February 13, beginning in 2027, for each $1,000 principal amount.
Starting February 13, 2028, and on each February 13 and August 13 through August 13, 2032, JPMorgan may redeem the notes at par plus accrued interest, in whole but not in part. The notes are not bank deposits, are not FDIC insured, and rank behind creditors of JPMorgan’s subsidiaries in a resolution scenario under U.S. resolution frameworks.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering capped structured notes linked to the lesser-performing of the Russell 2000 Index and the Invesco QQQ, Series 1.
The notes provide 100% participation in any positive return of the weaker underlying, capped at a maximum gain of at least 33.45% (at least $334.50 per $1,000 note). At maturity, investors receive no less than 90% of principal, so losses are limited to 10% if the lesser-performing index or ETF finishes below its initial level.
The notes pay no interest or dividends, are unsecured and unsubordinated obligations subject to the credit risk of both issuers, are not bank deposits and are not FDIC insured. An indicative estimated value is about $983.10 per $1,000 note, and will not be less than $950 at pricing, reflecting embedded fees and hedging costs.
JPMorgan Chase & Co. is offering callable fixed rate notes that pay interest at 4.25% per annum and mature on February 13, 2031. Investors receive annual interest on February 13 and repayment of principal at maturity, provided the notes have not been called.
Beginning February 13, 2028, and on each February 13 and August 13 through August 13, 2030, JPMorgan may redeem the notes at par plus accrued interest, in whole but not in part. The notes are unsecured obligations of JPMorgan Chase & Co., are not bank deposits, and are not insured by the FDIC or any government agency.
The disclosure explains JPMorgan’s preferred “single point of entry” resolution strategy, under which losses would first affect equity holders and then unsecured creditors, including noteholders, who rank behind creditors of JPMorgan’s subsidiaries and priority and secured creditors. The document highlights that the notes are intended for investors able to hold to maturity and urges careful review of risk and tax considerations.
JPMorgan Chase & Co. is offering $4,105,000 of callable fixed-rate notes due January 13, 2051, paying interest at 5.45% per annum with annual payments each January 30.
The notes are callable at par plus accrued interest on January, April, July and October 30 from 2030 through 2050. The price to the public is $1,000 per $1,000 principal amount, with selling commissions of $22.328 per note and issuer proceeds of $4,012,242.50. The notes are unsecured, not FDIC insured, and in a resolution scenario losses would be borne ahead of JPMorgan subsidiaries’ creditors.
JPMorgan Chase & Co. is offering $2,800,000 of callable fixed-rate notes due January 30, 2036. The notes pay interest annually at a fixed rate of 4.80% per year, using a 30/360 day-count basis, with payments on January 30 of each year starting in 2027.
JPMorgan may redeem the notes early, in whole but not in part, on January 30 and July 30 of each year from 2028 through 2035 at par plus accrued interest. The public issue price is $1,000 per note, with underwriting fees and commissions of $16.652 per $1,000 and issuer proceeds of $983.348 per $1,000.
The notes are unsecured obligations of JPMorgan Chase & Co., are not bank deposits and are not insured by the FDIC or any governmental agency. The disclosure highlights that in a resolution scenario, losses would be borne first by equity holders and then by unsecured creditors, including holders of these notes, and that claims on the notes rank behind creditors of JPMorgan’s subsidiaries. Tax counsel expects the notes to be treated as fixed-rate debt instruments for U.S. federal income tax purposes.
JPMorgan Chase & Co. is offering callable fixed-rate notes due February 13, 2036. The notes pay 4.80% annual interest, with interest paid each February 13 starting in 2027. Investors receive principal plus accrued interest at maturity if the notes have not been called.
The issuer may redeem the notes at par plus accrued interest on February 13 and August 13 of each year from 2028 through 2035. The public offering price per $1,000 note is between $975.10 and $1,000, with selling commissions up to $37.50 per $1,000 note. The filing highlights resolution and bankruptcy risks, where unsecured noteholders could be subordinated to subsidiary and secured creditors in an orderly resolution scenario.
JPMorgan Chase & Co. is offering $1,000,000 of Callable Fixed to Floating Rate Notes due January 30, 2046, issued in $1,000 denominations. The notes pay a fixed 11.00% per annum from issuance on January 30, 2026 through January 30, 2028, with interest paid quarterly.
After that, interest becomes floating at (7.00% − the Benchmark Rate) × 1.50, initially using Compounded SOFR as the Benchmark Rate, with a 0.00% floor. JPMorgan may redeem the notes in whole at par plus accrued interest on quarterly dates from January 30, 2028 to October 30, 2045. The notes are unsecured obligations, not bank deposits, not FDIC insured, and involve benchmark, structural subordination, market, and complex U.S. tax risks.
JPMorgan Chase & Co. is offering callable fixed rate notes due August 13, 2038. The notes pay a fixed 5.05% per annum, with interest paid annually on February 13, starting in 2027, and on the maturity date, so long as the notes have not been redeemed earlier.
Beginning February 13, 2028, and on each February 13 and August 13 through 2038, JPMorgan may redeem the notes at par plus accrued interest, so investors face call risk if rates fall. The notes are unsecured obligations of JPMorgan Chase & Co., use a 30/360 day count, and are not insured by the FDIC or any government agency.
The disclosure highlights JPMorgan’s preferred “single point of entry” resolution strategy under U.S. bankruptcy and Dodd-Frank Title II, under which losses would be borne first by equity holders and then unsecured creditors, including holders of these notes. In a resolution, claims of these noteholders would be structurally junior to creditors of JPMorgan’s subsidiaries, so recoveries could be limited.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering $500,000 of Auto Callable Contingent Buffered Return Enhanced Notes linked to the Nasdaq-100 Index.
Each note has a $1,000 face amount. On the February 8, 2027 review date, if the index closes at or above the strike level of 25,713.21, the notes are automatically called and pay back principal plus a 12.35% call premium.
If not called and the index ends above the strike on the January 26, 2028 valuation date, investors earn leveraged upside with a 1.50× participation in index gains. If the index is down but within the 20% contingent buffer, principal is returned. Below that buffer, losses match the index decline, up to total loss of principal.
The price to the public is $1,000 per note, including $15 in fees, with $985 in proceeds to the issuer. The estimated value at pricing is $978.50, reflecting selling commissions, hedging costs and dealer profits, and secondary market prices may be lower.
JPMorgan Chase & Co. is offering senior unsecured callable fixed rate notes paying 5.15% per annum, with interest paid annually on February 13, beginning in 2027 and ending in 2037, and on the February 12, 2038 maturity date.
The notes may be redeemed by JPMorgan at par plus accrued interest on February 13 and August 13 of each year from 2028 through 2037, in whole but not in part. They are subject to JPMorgan’s “single point of entry” resolution strategy, meaning losses in an insolvency would be borne first by equity holders and then unsecured creditors, including holders of these notes, after priority and secured claims are satisfied.
The price to the public is generally $1,000 per $1,000 principal amount, with eligible institutional or fee-based accounts potentially paying between $972.60 and $1,000. Selling commissions, paid by JPMS to dealers, are expected to be about $10 and capped at $35 per $1,000 principal amount.
JPMorgan Chase Financial Company LLC is issuing $275,000 of auto callable accelerated barrier notes linked to the iShares Bitcoin Trust ETF, due February 1, 2029, fully and unconditionally guaranteed by JPMorgan Chase & Co.
The notes may be automatically called on January 29, 2027, paying $1,212.50 per $1,000 note if the ETF closes at or above the call value. If not called and the ETF rises, investors receive 1.50 times the ETF’s gain at maturity; if it finishes below 70% of the initial value of $50.63, they lose principal, potentially all of it. The notes pay no interest, are unsecured, and expose holders to both JPMorgan credit risk and the high volatility and regulatory uncertainties of bitcoin.
JPMorgan Chase & Co. is offering $7,200,000 of callable fixed rate notes due January 28, 2033, paying a fixed 4.55% annual interest rate. Interest is paid in arrears each January 30 from 2027 through 2032 and at maturity, using a 30/360 day count convention.
The issuer may redeem all notes, but not part, on January 30 and July 30 of each year from 2028 through 2032 at par plus accrued interest. Notes are priced at $1,000 per note, generating $7,144,200 of proceeds to JPMorgan after $55,800 in fees and commissions.
The notes are unsecured obligations of JPMorgan Chase & Co., not bank deposits and not FDIC insured. In a JPMorgan resolution under U.S. bankruptcy or Dodd-Frank Title II regimes, losses would be borne first by equity and then by unsecured creditors, including these notes, which rank structurally below creditors of subsidiaries.
JPMorgan Chase & Co. is offering fixed-to-floating rate subordinated notes under its existing shelf registration. These unsecured notes mature on a stated date, pay a fixed interest rate for an initial period, then switch to a floating rate based on Compounded SOFR plus a spread.
The notes rank junior to all Senior Indebtedness, including approximately $312.5 billion of senior long-term debt and other obligations outstanding on a non‑consolidated basis as of December 31, 2024. Holders generally cannot accelerate payment except in the case of JPMorgan Chase & Co.’s bankruptcy, reorganization or insolvency.
The notes are callable at JPMorgan Chase & Co.’s option, including a make‑whole redemption before a specified first par call date and par redemption thereafter, subject to regulatory approvals. They will not be listed on any securities exchange. Net proceeds will be contributed to JPMorgan Chase Holdings LLC for general corporate purposes, including funding subsidiaries, paying dividends, refinancing securities and potential acquisitions or business expansion.
JPMorgan Chase & Co. is offering callable fixed rate notes due February 11, 2056. The notes pay interest annually at a fixed rate of 5.75% per annum, using a 30/360 day count, with payments each February 13 starting in 2027.
JPMorgan may redeem the notes, in whole, on February 13 and August 13 of each year from 2028 through 2055 at par plus accrued interest. The notes are unsecured obligations of JPMorgan Chase & Co., are not bank deposits, and are not insured by the FDIC or any government agency. In a resolution scenario, holders would rank behind creditors of JPMorgan’s subsidiaries and priority and secured creditors. The notes are expected to be treated as fixed-rate debt for U.S. federal income tax purposes.
JPMorgan Chase & Co. is offering callable fixed-rate notes paying 5.425% per annum, with interest on each February 13 from 2027 to 2050 and at maturity. The notes are scheduled to mature on January 30, 2051, when investors receive principal plus any accrued and unpaid interest if the notes remain outstanding.
Beginning February 13, 2030, and on the 13th of February, May, August and November through November 13, 2050, JPMorgan may redeem the notes in whole at par plus accrued interest. The minimum price to the public for eligible institutional or fee-based accounts is $940.10 per $1,000 principal amount, and selling commissions would be approximately $22.50 per $1,000 if the notes priced on the indicated date, capped at $50. The notes are unsecured obligations of JPMorgan Chase & Co., not bank deposits and not insured by the FDIC.
JPMorgan Chase Financial Company LLC is offering capped buffered equity notes linked to the Nasdaq-100 Index®, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes aim to provide unleveraged upside exposure to the Index up to a maximum return of at least 18.50% (at least $1,185 per $1,000 at maturity).
Investors receive no interest or dividends and face potential loss of principal if the Index falls more than the 15.00% buffer, with losses magnified by a downside leverage factor of 1.17647. The preliminary estimated value is about $990 per $1,000 note, not less than $970 when finalized. The notes are unsecured, not FDIC insured, and intended for fee-based advisory accounts with $1,000 minimum denominations.
JPMorgan Chase & Co. is offering callable fixed-rate notes due August 11, 2034. The notes pay annual interest of 4.625%, with interest paid in arrears each February 13 starting in 2027 and again at maturity, using a 30/360 day-count convention.
The issuer may redeem the notes at par plus accrued interest on the 13th of February, May, August and November from February 13, 2028 through May 13, 2034. The notes are unsecured obligations of JPMorgan Chase & Co., structurally junior to subsidiary creditors, and may bear losses in a bankruptcy or Dodd-Frank resolution. They are not bank deposits or FDIC insured.
JPMorgan Chase & Co. is offering unsecured Callable Fixed Rate Notes due February 13, 2034. The notes pay fixed interest at a 4.70% per annum rate, calculated on a 30/360 basis and paid annually on February 13, beginning in 2027.
Starting February 13, 2028, and then on the 13th of February, May, August and November through November 13, 2033, JPMorgan may redeem the notes in whole at par plus accrued interest. Holders receive principal plus accrued interest at maturity if the notes have not been called.
The notes are issued in $1,000 principal amounts, with a price to the public between $980.10 and $1,000 per $1,000 for certain institutional or advisory accounts. Selling commissions are paid to dealers, currently estimated at approximately $7.50 and capped at $25.00 per $1,000 note. The notes are not bank deposits, are not FDIC insured and rank behind creditors of JPMorgan’s subsidiaries in a resolution scenario.